CNBC | Asian equities trade cautiously; commodities, data in focus CNBC Asian equities traded firmly in the red on Tuesday after oil prices fell more than 5 percent overnight. Oil prices suffered a sharp decline during U.S. trading as a result of a global supply glut. The Organization of the Petroleum Exporting Countries ... Oil Plunges to Near Seven-Year Lows Opec bid to kill off US shale sends oil price down to 2009 low Oil falls below $38 a barrel to seven-year low |